M&A Deal Summary

Assured Guaranty Acquires Radian Asset Assurance

On April 1, 2015, Assured Guaranty acquired insurance company Radian Asset Assurance from Radian Guaranty for 805M USD

Acquisition Highlights
  • This is Assured Guaranty’s 1st transaction in the Insurance sector.
  • This is Assured Guaranty’s largest (disclosed) transaction.
  • This is Assured Guaranty’s 1st transaction in the United States.
  • This is Assured Guaranty’s 1st transaction in New York.

M&A Deal Summary

Date 2015-04-01
Target Radian Asset Assurance
Sector Insurance
Buyer(s) Assured Guaranty
Sellers(s) Radian Guaranty
Deal Type Divestiture
Deal Value 805M USD

Target

Radian Asset Assurance

New York, New York, United States
Radian Asset Assurance, Inc. is a provider of various insurance services.

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Buyer(S) 1

Buyer

Assured Guaranty

Pembroke, Bermuda

Category Company
Founded 2003
Sector Insurance
Employees350
Revenue 1.0B USD (2023)
DESCRIPTION

Assured Guaranty is a provider of financial guaranty insurance. Assured Guaranty was founded in 2003 and is based in Hamilton, Bermuda.


DEAL STATS #
Overall 1 of 3
Sector (Insurance) 1 of 3
Type (Divestiture) 1 of 3
State (New York) 1 of 2
Country (United States) 1 of 2
Year (2015) 1 of 1
Size (of disclosed) 1 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-13 CIFG Holding

New York, New York, United States

CIFG Holding, Inc. is a provider of insurance services and company had an insured portfolio of $5.6 billion of net par and approximately $637 million of statutory capital.

Buy $450M

Seller(S) 1

SELLER

Radian Guaranty

Philadelphia, Pennsylvania, United States

Category Company
Sector Insurance
DESCRIPTION

Radian Guaranty, Inc. is a provider of mortgage insurance services.


DEAL STATS #
Overall 1 of 1
Sector (Insurance) 1 of 1
Type (Divestiture) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1
Size (of disclosed) 1 of 1